education, health care and national security or would they rather put hundreds of thousands of jobs in the economy risk to protect a few special-interest tax loopholes that only benefit the wealthiest americans? wouldnot, this sequester go into effect on march 1. democrats want to close tap -- close a tax loophole that raised taxes on the tears but republicans want more deficit reductions. >> the president says he wants a balanced approach but it has all been tax increases. from the republican point of view, they want to see spending cuts. >> everyone from fbi to border patrol agents could be furloughed or laid off. a wells fargo study says federal and defense workers in maryland and d.c. will be hardest hit as the military faces massive cuts. a new bipartisan commission plan led by erskine bowles and alan simpson cuts the deficit by $2.4 trillion. >> they can squawk all want to either get your country on course and forget the fact you're a democrat or republican and get to being an american and get cracking. >> the sequester was going into effect on january 1 but was delayed as part of the fiscal